First State Bank Of Golva
FDIC #10243
📍 Golva, North Dakota
First State Bank Of Golva is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 06/01/1914. With assets of $103.92 Million, it operates 3 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: December 1, 2019
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
December 1, 2019
Satisfactory
February 1, 2014
Satisfactory
January 5, 2009
Satisfactory
💰 Financial Strength
Total Assets$103.92 Million
Total Deposits$100.71 Million
Equity Capital$2.81 Million
Net Income$1.98 Million
📈 Performance
ROA2.48%
ROE73.35%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established06/01/1914
FDIC Cert10243
Holding CoN/A
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
📜 Institutional History
2022
Relocation
Moved HQ to: 410 Terrell Ave, Golva, ND 58632.
2006
Relocation
Moved HQ to: Main Street, Golva, ND 58632.